Distillate, naval
Ended Awarded
- Contract number
- SPE60224FY052
- Awardee
-
S-Oil Corporation UEI ZGCENJD7ZG18
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $23,718,548
Award facts
- Contract value 100% obligated
- $23,718,547.65 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- NAICS code
- 324110 Petroleum Refineries
- PSC
- 9140 Fuel Oils
- Set-aside
- No set-aside
- Competition
- Full and Open Competition Negotiated Proposal / Quote
- Pricing
- Fixed Price with Economic Price Adjustment
- Place of performance
- South Korea
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Modification | $24,566,904 | |
| Other Administrative Action | -$848,356 |
About this award
This federal contract award, valued at $23,718,547.65, was issued by the Defense Logistics Agency Energy (DLA Energy) to S-Oil Corporation, a South Korean oil refiner. The contract is for the delivery of distillate naval fuel to support U.S. military operations in South Korea. S-Oil Corporation has been awarded numerous fixed-price and fixed-price with economic price adjustment delivery orders from DLA Energy since 2019, totaling over $1 billion. The company also holds several indefinite delivery vehicle (IDV) contracts with DLA Energy, with potential values up to $171.9 million and $681.6 million, to provide aviation turbine fuel and other petroleum products to the U.S. military in the Western Pacific and Middle East regions. This contract award does not have a set-aside designation, and no major subcontractors are indicated. S-Oil Corporation's expertise and infrastructure in South Korea make it a strategic supplier to DLA Energy and the Department of Defense for mission-critical fuel requirements.
Quick answers
Who was awarded contract SPE60224FY052?
SPE60224FY052 was awarded to S-Oil Corporation by Energy (Defense Logistics Agency) on November 29, 2023.
How much is contract SPE60224FY052 worth?
The government has obligated $23,718,548 on SPE60224FY052.
Is contract SPE60224FY052 an order under another contract?
Yes. SPE60224FY052 is a delivery order under SPE60223D0454, an indefinite delivery contract.
Was contract SPE60224FY052 competed?
The extent of competition for SPE60224FY052 was full and open competition.
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